Asia's Startups Are Hindered By Confusing And Outdated Laws, Says The Economist Intelligence Unit

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http://techcrunch.com – Asia boosts almost half of the world’s two billion Internet users, rapidly growing digital infrastructure and strong mobile penetration. So what’s keeping the continent’s startup industries from producing a rival to Amazon, eBay or Facebook? In a new report, research group the Economist Intelligence Unit identifies an almost overwhelming array of obstacles for the region’s startups–including laws governing online businesses that have resulted in jail time for entrepreneurs. Commissioned by the Asia Internet Coalition and based on interviews with more than 30 Inte (IT news)